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400 Oregon Hwy #99E photo 1

For Sale31d on market

400 Oregon Hwy #99E

Tangent, OR, 97389 • 97389 • Linn County

$650,000

5.4 acLot

This home is getting attention

Listed 31 days ago · 289 views · 8 saves

Market activity

Demand and pricing signals for this listing

289 views

People checking out this listing

8 saves

Buyers have saved this home

31 days on market

Established listing

Selling Soon Prediction

Moderate

This home ranks in the top 35% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Lot

Looking for land to build apartments? Don’t miss this exceptional development opportunity located on Highway 99E & Allen Lane, directly across from Linn-Benton Community College. Recently rezoned from NC to OP, allowing for multi-family residential development, including apartments. Price reflects approx 2.5 acres of buildable land, w/ an additional 2.92 acres of wetlands that provide natural open space & site design potential. Billboard is leased, generating $2778/year in income! Refer to WVMLS#837934

Estimated monthly payment

Based on current rates

$4,085/month

Principal & Interest$3,218

Property Tax$650

Insurance$217

Down payment20% ($130,000)

3%50%

Est. 6.30% rate · 30yr fixed · $520,000 loan

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At a glance

Key facts and listing details

Property

Home typeLot

Sub-typeUnimproved Land

Systems

Water / SewerPublic

Parking & Outdoor

Lot5.42 Acres

Location & Tax

Neighborhood97389

ZoningOP

Annual tax$119

Features & details

2 categories of property features

Exterior Features

Lot Features

Not Flagged

Utilities

Natural Gas Available

Sewer Connected

Listing insights

Market data and value estimates

StatusFor Sale

Days on market31

Tax rate0.86%

On marketFeb 23, 2026

PostedFeb 23, 2026

MLS updatedFeb 26, 2026

Tour days6

Views289

Favorites8

How are the schools in Tangent?

3 schools rated nearby

7

Tangent Elementary School

Elementary • Public • K-5

0.4 mi

4

Memorial Middle School

Middle • Public • 6-8

5.7 mi

8

West Albany High School

High • Public • 9-12

5.7 mi

Location

Tangent, OR, 97389

Price history

1 event

DateEventPrice$/sqftSource

Feb 23, 2026Listed For Sale$650,000—WVMLS

Listed For Sale$650,000

Feb 23, 2026•WVMLS

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Neighborhood details

Local context around this listing

Tangent, OR • Linn County

Nearby cities

AlbanyBrownsvilleHalseyHarrisburgLebanonLyonsScioSisters

Nearby zip codes

97389

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Value estimates

Live

30yr rate est.6.30%

Affordability$3,932/mo

Accepted financing

VA LoanCashODVAConventional

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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

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400 Oregon Hwy #99E, Tangent, OR 97389 | SREG Property Finder